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Status: Active

1012 Burnett Ave 
Waco, TX 76706

10% Drop

$499,000

$450,000

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This thoughtfully renovated 4-bedroom, 2-bath home is zoned O-2, making it a rare turnkey short-term rental just blocks from the Magnolia Silos. Whether you're catering to game day crowds, Magnolia tourists, or event-goers passing through town, this location is built for consistent occupancy—just minutes from Baylor, I-35, and Waco's bustling downtown district. Inside, the open-concept layout is both inviting and functional. The living and kitchen areas flow seamlessly, with design details that balance original charm and modern upgrades. Refinished hardwood floors and painted shiplap nod to the home’s historic craftsmanship, while new plumbing, roof, HVAC, and tasteful finishes bring it into the present. The kitchen is smartly designed with ample countertop space, under-counter storage, and a bar-height overhang perfect for casual dining. A built-in space for the refrigerator and a custom surround for the range and vent hood elevate the aesthetic while maximizing functionality. The floor plan is versatile and STR-ready—comfortable for larger groups and adaptable to multiple furniture configurations, whether your style leans minimalist or more bold and curated. Each of the four bedrooms is well-positioned to maintain privacy and flow, and both bathrooms have been fully updated with timeless finishes that photograph beautifully and wear well over time. Outside, there’s plenty of off-street paved parking plus additional street parking—ideal for accommodating guests. This one is priced as a potential high-performing income property in a proven location. With all the major updates already done and design that respects both form and function, it’s ready to start earning from day one.
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Bedrooms
4
Baths
2
House Size
1,268 sqft
Year Built
1930
Lot Size
0.08 ac
School District
Waco ISD

Location

Market Insights

In the last 30 days, homes for sale in 76706, Waco, TX were on the market for a median of 69 days and 18.18% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Disposal
Electric Range
Electric Water Heater
Microwave
Vented Exhaust Fan
cooling
Ceiling Fan(s)
Central Air
Electric
features
Built-in Features
Granite Counters
High Speed Internet
flooring
Tile
Wood
heating
Exhaust Fan
Central
laundry features
Electric Dryer Hookup
window features
Window Coverings

Exterior Information

roof
Composition

Property Information

foundation
Pillar/post/pier
parking
Concrete
Paved
sewer
Public Sewer
subdivision name
Ross Sub
utilities
Cable Available
water source
Public
  • Listed By Nick Schwedock II
  • nick@bramlettpartners.com
  • Bramlett Partners
  • (512) 850-5717
  • mls@bramres.com
  • MLS 20921875

Monthly Payments Calculator

Estimated Monthly Cost

$2,946

30 year fixed·6.9% interest rate
Principal & Interest
$2,371
Property Taxes
$375
Home Insurance
$200
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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